Govt asks select States to increase inter-state trade on e-NAM platform.
The Centre is preparing to roll out e-NAM 2.0, and States may have to make some changes in their Agricultural Produce Marketing Committee (APMC) Acts. This will be a preparatory step by the Centre to ensure that more inter-State transactions happen over the e-NAM platform. Through hand holding of States, traders are being persuaded to buy though e-NAM. However, it needs many structural reforms required by both the Centre and States to show desired results, experts said.
Source: thehindubusinessline.com
Corporates start procuring agri products directly from FPOs, bypassing mandis.
In a new initiative aimed at streamlining agricultural trade and increasing farmer incomes, corporates have begun directly procuring agricultural produce from farmer producer organisations (FPOs). This development follows the government’s recent strategy of hosting weekly webinars to connect FPOs with major companies. Many FPOs were previously unaware of the possibility of selling their produce directly to companies. The government is optimistic that if these linkages are successfully established, positive results will be seen within a year or two.
Source: thehindubusinessline.com
FSSAI issues guidelines for acceptance of rPET as Food Contact Material.
The Food Safety and Standards Authority of India has issued guidelines for acceptance of recycled Polyethylene Terephthalate (PET) as Food Contact Material (FCM-rPET). According to FSSAI, these guidelines pertain only to the recycling process/operation of transforming post-consumer PET used for food applications into recycled PET as Food Contact Material (FCM-rPET) resins suitable for making Food Contact Materials and cover the acceptance criteria for using (FCM-rPET) resin in Food Contact Materials, apply only to recycling technology approved by FSSAI and do not apply to production of resins for non-food grade consumer applications.
Source: fnbnews.com
India and Thailand eye closer trade ties.
As India and Thailand mark 78 years of diplomatic relations this year, both nations are seeking to expand cooperation in trade, investment, and tourism, aiming to tap into their longstanding historical and cultural ties.
Source: bangkokpost.com
‘Centre aims to enhance farmers income by increasing production’.
The Central government is committed to enhance farmers’ income by increasing production across crops in agriculture and allied sectors, Raghavendra Bhatta, Deputy Director General (Animal Science) of ICAR has said. The ongoing ‘lab to land’ initiative under the Viksit Krishi Sankalp Abhiyan would significantly enhance productivity in the coming seasons. A substantial rise in output is expected across crops, animal husbandry and fisheries, he said.
Source: thehindubusinessline.com
India weighs legal uncertainties around Trump tariffs as trade pact talks start this week.
India is weighing legal uncertainties surrounding Trump tariffs as it prepares for the next round of trade talks this week, an official said. The official said these developments could influence India's approach to the proposed bilateral trade pact with the US.
Source: economictimes.indiatimes.com
US-India nearing trade deal as talks progress, commerce secretary says.
Trade negotiations between the United States and India are making progress and a deal could be finalised soon, U.S. Commerce Secretary Howard Lutnick said on Monday, as both sides push to conclude talks ahead of a July deadline. 'You should expect a deal between United States and India (in the ) not-too-distant future because I think we have found a place that really works for both countries,' Lutnick said at the annual summit of the US-India Strategic Partnership Forum in Washington.
Source: reuters.com
India exports more to Latin American countries than to its neighbours, traditional trade allies.
India exported goods worth $275 million to remote Honduras in Central America during the April 2024-March 2025 period as against $201 million to nearby Cambodia. The population of Honduras is just 10 million as against Cambodia's 17 million.
Source: theweek.in
India and Europe agree on nearly half of trade deal ‘chapters’.
India and the EU have reached consensus on almost half of the topics to be covered by a trade deal they hope to seal this year and have agreed that the pact will not cover some 'sensitive' farming products such as dairy, according to people with knowledge of the talks. The people said negotiators had agreed eight out of roughly 20 deal 'chapters', each covering topics such as rules of origin or intellectual property rights, after the EU in February stepped up efforts to bolster economic ties with the world’s fifth-largest economy.
Source: ft.com
India calls for WTO action on non-tariff barriers, ensuring strong dispute resolution mechanism.
India has called for action to curb non-tariff barriers, address trade distortions caused by non-market economies, and restore a strong dispute settlement mechanism at the WTO, Commerce and Industry Minister Piyush Goyal said on Wednesday. The minister also pitched for strengthening the current consensus-based approach at the World Trade Organisation (WTO), the special and differential treatment given to less developed countries and developing countries, and bringing back focus on issues that have already been finalised and mandated at previous ministerial meetings.
Source: economictimes.indiatimes.com